Business

About Business News...

Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.

Business, Equipment, Logistics

AAPA Report Shows Growing Importance of Port System

WASHINGTON — A new report compiled for the American Association of Port Authorities shows that ports and the maritime industry played a critical role in economic growth last year.

Dan Ronan | Senior Reporter
March 20, 2024
Government, Business

Federal Judge Denies CTA Challenge to California AB 5

A federal district court has delivered a setback to the California Trucking Association as the group continues efforts to block the state’s enforcement of the controversial AB 5 law.

Eric Miller | Senior Reporter
March 20, 2024
Government, Business, Fuel

Stellantis Agrees to California EV Rules It Long Opposed

Stellantis NV has agreed to strict rules to boost electric cars set by California and adopted by several other U.S. states that the carmaker has previously blasted.

March 19, 2024
Government, Business, Technology, Equipment, Fuel

Electrifying Trucking: $1 Trillion Needed for Infrastructure

The trucking industry transitioning to full electrification would require nearly $1 trillion in infrastructure investments, a new study revealed March 19.

Connor D. Wolf | Staff Reporter
March 19, 2024
Business, Fuel

BP Oil Refinery in Indiana Resumes Operations

WHITING, Ind. — BP’s sprawling oil refinery in northwest Indiana has resumed normal operations more than six weeks after a power outage prompted the energy giant to temporarily shut down.  

March 19, 2024
Business, Technology, Equipment, Fuel

Demand for Electric Power Takeoff Systems Is Growing

The power takeoff unit, a staple of thousands of vocational work trucks across dozens of industries, is on the verge of a makeover, as more operators are finding benefits in electric systems.

Gary Frantz | Special to Transport Topics
March 19, 2024
Government, Business, Fuel

Biden Drops Mileage Score for EVs in Bid to Spur Sales

The Biden administration is setting a new estimate of the fuel efficiency of electric vehicles meant to better reflect the real world and further drive sales of emission-free cars.

Jennifer A. Dlouhy | Bloomberg News
March 19, 2024
Business, Logistics, Breaking News

Tonnage Numbers Mixed for February

Truck tonnage recorded a 12th consecutive decline in February while managing a month-to-month gain, a mixed result for an industry seeking signs of an emergence from its freight recession.

Dan Ronan | Senior Reporter
March 19, 2024
Business, Technology, Equipment

Struggling Battery Factory Is Behind GM’s EV Problems

General Motors Co. is racing to fix problems in its electric vehicle business to make good on promises CEO Mary Barra made five years ago. It still has a long way to go.

David Welch | Bloomberg News
March 19, 2024
Government, Business, Technology, Logistics, For-Hire

Aerolane Seeks to Use Freighter Planes to Pull Cargo Gliders

Aerolane is testing a business plan to pull cargo gliders with small freighter planes.

Thomas Black | Bloomberg News
March 19, 2024